Ryanair CEO predicts soaring prices ahead ...News

Russia Today - Economy
Ryanair CEO predicts soaring prices ahead
source : Russia Today ( News ) () 28
Airline boss says uncertainty over Ukraine jeopardized pandemic recovery The European flying public should expect higher prices this summer when it comes to booking flights, Ryanair CEO Michael O’Leary has warned.  The cost of flying this summer will reach a “single-digit percent” high above pre-pandemic levels, the low-cost airline chief told BBC Radio 4’s Today program on Monday.  He cited “demand for the beaches of Europe” during the summer vacation months as behind the anticipated price hike. He also pointed to the conflict in Ukraine and its impact on the price of fuel. Bookings are around 10% behind pre-pand

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